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# AIB

Allied Irish Banks. One of the ‘Big Four’ Irish commercial banks. In February 2009 the government included AIB in a €7 billion rescue plan and on the 30th of September 2010 the Government took a majority stake in the bank, meaning that it is now a nationalised bank.

# AIB - Today’s News

Art

AIB to donate 39 major artworks to the State

6 hours ago 1,654 Views 18 Comments

The bank will also make almost one thousand pieces of art available to be used for public exhibition.

# AIB - Monday 13 February, 2012

The big winner? Banking Crisis

Banking crisis: Central Bank paid out €30m in consultancy fees in 2011

13/02/12 1,700 Views 12 Comments

Law firm Arthur Cox seems to be the big winner in terms of consultancy contracts with the Central Bank, NTMA and Department of Finance.

# AIB - Sunday 12 February, 2012

From Business ETC Bankers' Pay

Noonan considering ‘outside expertise’ in quest to cut bankers’ wages

12/02/12 3,576 Views 63 Comments

Michael Noonan says he is considering bringing in outsiders to help him enforce the findings of a review of banking salaries.

# AIB - Thursday 9 February, 2012

From Business ETC Financial Results

Profits and income down at National Irish Bank

09/02/12 1,121 Views 12 Comments

The bank said that 2011 had been a “challenging” year as it announced its financial results for the year.

# AIB - Tuesday 7 February, 2012

From Business ETC EBS

EBS workers vote to end ’13th month’ strike action

07/02/12 2,225 Views 12 Comments

94 per cent of Unite members withdraw their action and to accept a deal brokered at the Labour Relations Commission last week.

# AIB - Wednesday 11 January, 2012

AIB headquarters in Ballsbridge will be among the venues picketed by EBS workers during a strike next week. 13th month

EBS staff to hold second strike over ’13th month’ payment

11/01/12 2,676 Views 91 Comments

Staff will picket EBS branches and the offices of its parent bank AIB, in protest at the withholding of a December payment.

# AIB - Tuesday 20 December, 2011

An EBS employee on the picket line today EBS

Union: We’ll picket AIB too if striking EBS workers are not paid

20/12/11 3,386 Views 54 Comments

However, Unite said it was hopeful the decision not to make a Christmas payment would be reversed.

EBS

EBS staff begin strike action over ’13th month’ payment

20/12/11 1,796 Views 49 Comments

Staff at the State-owned building society say their ‘Scrooge-like’ employer is withholding an annual payment of four weeks’ pay.

# AIB - Tuesday 13 December, 2011

Bankers

Taoiseach urges banks to pass on interest rate cut

13/12/11 2,305 Views 40 Comments

The ECB has announced a cut in interest rates – but AIB, Ulster Bank and National Irish Bank have all said they won’t pass on the cut to mortgage customers.

From Business ETC EBS

EBS staff vote to strike over Christmas payment

13/12/11 3,788 Views 94 Comments

A majority of UNITE members at the building society vote to pursue action over the withholding of a ’13th month’ payment.

# AIB - Monday 12 December, 2011

From Business ETC Stressed

20 banks that are praying Europe doesn’t go bust

12/12/11 4,952 Views 9 Comments

AIB and Bank of Ireland are in this list from Business Insider which ranks them the first and seventh most exposed banks in Europe.

# AIB - Friday 9 December, 2011

Mortgages

Five banks not passing on full ECB rate cut to mortgage customers

09/12/11 3,041 Views 16 Comments

The ECB yesterday announced a 0.25 per cent cut in its base rate which will kick in from 14 December – but not for all Irish mortgage holders…

# AIB - Thursday 8 December, 2011

From Business ETC Stress Tests

Good news: AIB, BoI and IL&P banks pass latest round of stress tests

08/12/11 2,369 Views 39 Comments

The results were widely expected and indicate that Michael Noonan’s restructuring of the banking system is working in this regard.

Mortgages

AIB will not pass on ECB’s 0.25pc cut to mortgage customers

08/12/11 3,684 Views 26 Comments

AIB says its funding costs are not driven by the ECB’s own rates – and that it needs to ensure it makes money for the taxpayer.

# AIB - Wednesday 7 December, 2011

humbug

EBS cancels Christmas payments for staff

07/12/11 7,369 Views 119 Comments

Staff are balloting for strike action after the building society said there would be no traditional Christmas payment for employees. The payment has been made every year for the past 45 years.

# AIB - Wednesday 30 November, 2011

From Business ETC Refund

AIB’s First Trust refunds £350,000 to customers over fee error

30/11/11 1,048 Views 4 Comments

Thousands of customers are receiving a refund, after the bank mistakenly added certain charges to exempt accounts.

# AIB - Monday 28 November, 2011

Opinion

Column: New CEO of AIB knows the tale of two islands

28/11/11 4,414 Views 15 Comments

Former trader Nick Leeson writes that David Duffy should be up to the challenge of bringing AIB to heel – after all, Duffy oversaw the takeover of Barings Bank in Singapore, the very bank brought down by Leeson’s actions.

# AIB - Sunday 27 November, 2011

From Business ETC Drumm

Drumm defends role in Anglo collapse, says: ‘Everyone was on the same team’

27/11/11 4,503 Views 62 Comments

The former chief executive of Anglo Irish Bank says he will not be returning from the US because of the “witch hunt” against him in Ireland.

# AIB - Tuesday 22 November, 2011

From Business ETC you're hired

AIB announces David Duffy as new CEO

22/11/11 2,312 Views 27 Comments

Duffy will take up the job in December. The bank has said that his remuneration package will be ‘in line with Government guidelines’.

# AIB - Monday 21 November, 2011

From Business ETC AIB

AIB sells asset management wing to South African finance company

21/11/11 2,452 Views 6 Comments

Prescient Holdings has acquired AIB Investment Managers for an undisclosed sum in a deal subject to regulatory approval.

# AIB - Wednesday 16 November, 2011

From Business ETC Bank Guarantee

Noonan confirms plans to extend bank guarantee

16/11/11 3,246 Views 60 Comments

Michael Noonan has accepted the advice of Patrick Honohan and proposes to extend the Eligible Liabilities Guarantee Scheme.

# AIB - Friday 11 November, 2011

From Business ETC Eamon Gilmore has called on lenders to follow AIB with a rate cut Rate Cut

Gilmore urges other banks to follow AIB with rate cut

11/11/11 276 Views 15 Comments

The Tánaiste has called on Bank of Ireland and Ulster Bank to also pass on the ECB rate reduction to mortgage customers.

# AIB - Thursday 10 November, 2011

From Business ETC AIB

AIB announces interest cut to variable rate mortgages

10/11/11 825 Views 25 Comments

In a turnaround from yesterday, the bank has decided to implement a cut of 0.25 per cent on variable rate mortgages.

Eamon Gilmore addresses the Dáil this morning Banks

Government may ‘take action’ against banks not passing on mortgage rate cut

10/11/11 594 Views 40 Comments

Bank of Ireland, Ulster Bank and AIB will not pass on the recent ECB rate cut to homeowners, it has emerged.

9 at 9

The 9 at 9: Thursday

10/11/11 2,617 Views 7 Comments

Nine things to know this morning…

AIB

AIB staff in line for promotions and salary rises

10/11/11 1,983 Views 64 Comments

The bank, which yesterday refused to pass on an interest rate cut by the ECB to its customers, is continuing to hire new staff, promote workers and raise salaries.

# AIB - Wednesday 9 November, 2011

From Business ETC David Hodgkinson, Executive Chairman of AIB, speaks to the media as he leaves Government buildings today AIB

AIB will not pass ECB interest rate cut to customers

09/11/11 982 Views 62 Comments

The bank says it hasn’t passed on the ECB’s past two rate increases to customers and, similarly, would not be passing on the recent cut.

Take 5

The 5 at 5: Wednesday

09/11/11 2,360 Views 3 Comments

5 minutes, 5 stories, 5 o’clock…

# AIB - Friday 4 November, 2011

Mario Draghi was all smiles at a press conference yesterday. Interest Rates

Two banks will pass on ECB interest rate cut to mortgage holders

04/11/11 2,043 Views 23 Comments

But aside from Permanent TSB and KBC Bank Ireland, what are the other banks doing?

# AIB - Sunday 25 September, 2011

A re-enactment of the Battle of Newburn 1640, near Newcastle, England today. Daily Fix This post contains videosThis post contains images

The Daily Fix: Sunday

25/09/11 1,292 Views No Comments

Catch up on the day’s biggest news stories, as well as the bits and pieces you may have missed…

From Business ETC AIB

AIB seeks to pay new CEO salary above €500,000 threshold

25/09/11 1,217 Views 72 Comments

Minister for Finance Michael Noonan has confirmed that the bank wants to pay a new CEO above the salary cap introduced by the last government.

# AIB - Thursday 22 September, 2011

From Business ETC mobile banking

AIB launches phone-friendly banking site, with apps to come

22/09/11 1,569 Views 27 Comments

AIB has unveiled a mobile-friendly version of its Internet Banking site, with Android and iPhone apps to be launched shortly.

# AIB - Monday 29 August, 2011

From Business ETC AIB and Bank of Ireland say they won't meet their lending targets because of poor demand for loans - but the SFA disagrees. Credit

Banks won’t meet lending targets – because too few businesses want loans

29/08/11 647 Views 16 Comments

The Credit Review Office says banks won’t meet their targets for lending to small businesses – but that it’s not their fault.

# AIB - Friday 26 August, 2011

From Business ETC AIB

Delisted: AIB comes off the New York Stock Exchange

26/08/11 312 Views 4 Comments

The move had been widely expected given the government owns nearly all of the bank.

# AIB - Monday 22 August, 2011

Sean Graham, 7, poses with a €500 aquarium he won from Sharkey's Cuts for Kids hairdressers. Today he donated the aquarium to Temple Street Children's Hospital for the enjoyment of its patients. The Daily Fix

The Daily Fix: Monday

22/08/11 1,915 Views 2 Comments

The battle for Tripoli rages on, the bishop of Cloyne breaks his silence, Ireland’s latest viral sensation and… can we turn light bulbs into wifi routers?

Emergency Lending

US Fed gave Irish banks €8bn in emergency loans

22/08/11 297 Views 11 Comments

Data compiled by Bloomberg shows that Ireland’s banks got emergency loans from the US while being capitalised back home.

# AIB - Wednesday 10 August, 2011

Students

Student income down by over a third since 2009 – survey

10/08/11 292 Views 9 Comments

Research commission by AIB shows that the average student’s weekly disposable income has fallen by 36 per cent since 2009.

# AIB - Thursday 4 August, 2011

AIB 04/08/11

AIB HAS THIS EVENING confirmed its intention to delist from the New York Stock Exchange. American Depositary Shares (ADS) – which each represent ten ordinary shares – are currently traded on the market to reflect a deposit agreement between AIB and the Bank of New York Mellon, which the bank also intends to end. The delisting should take effect on August 25, and reflects the Irish government’s 99 per cent shareholding.

# AIB - Tuesday 26 July, 2011

Your Say This post contains a poll

Poll: Should the State abolish the cap on bankers’ pay?

26/07/11 1,700 Views 33 Comments

Matthew Elderfield says the pay cap is making it tough to get the best talent. Should we consider lifting it?

12345

Your say

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Poll: Do you subscribe to the idea of a Lenten sacrifice?

TODAY IS ASH Wednesday, which marks the start of the 40-day Lenten period. Once upon a time, in predominately Catholic Ireland, the tradition of “giving up” some luxury or indulgence from now until Easter Sunday was strictly observed.

Is that a tradition you still adhere to? Will you still be ‘giving up’ something for the 40 days of Lent?


Poll Results:






60

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Selected opinions from around the web
Column: ‘Everything local authorities touch turns into a fiasco’
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Column: It’s time to end the casual use of homophobic language in Ireland
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Column: Politicians can’t fix Ireland – ordinary people must take the lead
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The financial crisis was sparked by a broken system. If we’re going to fix this we can’t leave it up to politicians, write Bronagh Geraghty and John Hughes.

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The very best of the week’s writing from around the web.

Column: The Ireland women’s rugby team is being ignored. They deserve better.
By Joan O'Connell

The squad is treated as an afterthought with a media blackout and chronic underfunding. This would never happen to the men’s team, writes Joan O’Connell.

Column: Cardinal Rules – On priests versus geeks
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This week, the (not) Primate of All Ireland went to a Reclaim the Faith Conference. It was all going to be suitably pious – until the hotel was double-booked with a sci-fi convention…

Column: Verbal abuse in the home can be as damaging as fists
By Paula McGovern

Psychological torture can be as destructive as violence – and it’s much easier to conceal, writes Paula McGovern.

From The Score

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Personal info of YouPorn chat service users compromised, says company

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Pat Rabbitte criticises descent of media into “corrosive cynicism”
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Bank of Ireland received €264million in applications for mortgage fund
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From The Daily Edge

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Video: Finnish president’s husband caught checking out Danish princess’s cleavage

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Caption Competition: Who is Enda talking to and what about?
Child Star
X Factor’s Rachel Crow gets her own television show

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News in Photos

  • Today's mock attack on an underground station in London.
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  • Al Pacino with Irish President Michael D Higgins and Anna Malmhake, chair and CEO of Irish Distillers ahead of this evening's screening at the Savoy Cinema.
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News in Video

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